The current price of Bitcoin is 113250, which is below a key resistance level, with intense competition between bulls and bears. The current price of Ethereum is 4607, also near the midpoint of a consolidation range, with direction yet to be determined. The U.S. stock market is expected to open slightly lower, which may impact the cryptocurrency market through risk sentiment, but the earlier released unemployment claims data has not had a significant effect on the market.

Short-term resistance is at 113500, this position is a key pressure area that has been unsuccessfully attacked multiple times, and a breakthrough may test 114400.

Core resistance is at 114400, where the EMA24/52 moving averages converge, marking a strong recent breakout.

Immediate support is at 112000 - 112500, the lower edge of the current consolidation range; a drop below this level would indicate a shift to a bearish trend. #BTC